Earlier this year, Newsroom reported Education Minister Chris Hipkins estimated the cost of refunding the business students’ fees to be around NZ$570,000 (US$411,162). However, a new report from Newsroom now states the Education Ministry predicts the cost will be NZ$828,000 (US$597,267) at the very least – with the likelihood of this number increasing further.

To date, Newsroom reports 176 students have applied for a refund.

“We would like to see evidence that there are more providers that are doing wrong … are they making assumptions, because assumptions can be different to reality” – Craig Musson. @scowlishaw reports https://t.co/yQAJFetyDV

In February, Newsroom reported numerous Chinese international students were stuck in Auckland after the college’s closure, unable to continue their studies nor recover their fees.

The students claimed they came to New Zealand because they trusted the government to check for misleading qualifications, “but after we passed the course and just before our graduation day NZQA have told us the qualification is worthless and the owner has stolen our fees by not paying them into the Public Trust,” one of the students on the business course told Newsroom.

“Before this shocking news, I told my parents I’m going to spend Chinese New Year with them and I’m going to be a very proud graduate, and they’re going to be very proud of me,” another student said.

“But now I’ve got nothing. I feel so humiliated. I don’t know what to say to them. I don’t want to disappoint them.”

A group of international students has been refunded almost $1 million in fees from a Government-administered fund after the school they were studying at was ordered to close.A monitoring report found only six of 71 assessment samples were adequate,… https://t.co/uvaCtJaoUU

Excellent Education and a handful of other higher education providers in New Zealand are believed to have offered sub-standard qualifications in order to provide easy access to visas and entry into the country for foreigners.

Chair of Independent Tertiary Education New Zealand Craig Musson claimed these institutions were more focused on “getting people through with visas” than the quality of education provided.

While enforcement against these institutions is increasing – 25 have had action taken against them in the last year – there are concerns not enough is being done. The authority claimed it would likely need to quadruple the amount of monitoring it was currently doing – around 40 to 50 institutions at a time – to be successful and the only way to increase this is to provide it with more funding.